State Minister for Commerce Ahsanul Islam Titu said that those who create obstacles in the supply of goods will be taken action against them if necessary. He told reporters in his office at the Secretariat on Thursday (February 8).
Even if the government fixes the price, it is not reflected in the market of Bangladesh, when asked about this, the state minister said, we have several laws for market monitoring. First, our Ministry of Commerce will monitor the market through the Directorate of Consumer Affairs. We will do it with the Agriculture Marketing Act. We have the Essential Commodities Act of 1956. If necessary, appropriate action will be taken against those who violate the instructions of the emergency law and create obstacles in the supply of goods.
The state minister said that the market cannot be managed by policing. What we have done today (tariff reduction) is a part of market management. So that producers and importers can bring their prices to a reasonable level. We don’t want to do policing. Ramadan is a matter of religious sentiment. Therefore, manufacturers and wholesale traders are expected to do business with a discount than the original price keeping in mind the importance of Ramadan.
The syndicate has no religion, they trust us, he said, replying to a question that they create the same situation every time. I will reply if it is violet. Speaking with responsibility, we will not have less effort from now on.
IHR/ZH/GKS
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